Form 4: Director Rodeheaver Acquires First United Corp Stock

Sentiment:

Statement of Changes in Beneficial Ownership


Director Carissa Lynn Rodeheaver reported the acquisition of First United Corp common stock through a dividend reinvestment program.

Summary

  • Director Carissa Lynn Rodeheaver acquired shares of First United Corp common stock on May 1, 2026.
  • The acquisition was made through a dividend reinvestment program (DRSPP).
  • A total of 44.036 shares were purchased at $37.70 per share, and an additional 123.139 shares were purchased at $38.10 per share.
  • Following these transactions, Rodeheaver directly beneficially owns 47,776.6662 shares and indirectly owns 86.8373 shares as custodian for her son, and 942.2949 shares through a 401(k) plan.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this as a neutral filing, as it represents routine insider transactions through a dividend reinvestment plan rather than a significant strategic move or a large personal trade.

Positives

  • Director's increased direct ownership in the company through dividend reinvestment.
  • Continued participation in the company's stock purchase plan indicates confidence.

Future Outlook

No specific forward-looking statements or guidance were provided in this filing.

Industry Context

StockSavvy.ai notes that Form 4 filings, like this one from First United Corp, are standard disclosures for insider transactions. These filings provide transparency into the holdings and trading activities of company directors and officers, which can be a signal to the market.

Stakeholder Impact

  • Shareholders: Increased transparency into director's holdings and continued investment via dividend reinvestment may be viewed positively.
  • Employees: Participation in dividend reinvestment plans can be an incentive for employees who are also shareholders.

Key Dates

DateDescription
05/01/2026Transaction Date for acquisition of common stock.
05/04/2026Date of signature for the Form 4 filing.

Keywords

Form 4, SEC Filing, Insider Trading, Beneficial Ownership, First United Corp, Carissa Lynn Rodeheaver, Dividend Reinvestment, Common Stock

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